was asked how he would actually cut spending and reduce the deficit, he said he'd go after funding for public television. elmo, you better make a run for it. >> reporter: on the stump in virginia, romney says the jobless numbers don't tell the whole story. too many workers, he says, have simply stopped looking. >> when i'm president of the united states, that unemployment rate is going to come down, not because people are giving up and dropping out of the work force, but because we're creating more jobs. >> reporter: with the unexpected drop, some saw a conspiracy. former general electric chairman jack welch seemed to accuse the obama campaign of cooking the books, tweeting unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numberns. later on "hardball", welch admitted he has no evidence to back that up, but he remained defiant. >> i don't want to take back one word in that tweet. it seems coincidental that one month before the election they would end up at 7.8. >> reporter: the charge was met with outrage from many, including the president's ba